Waves admins previously stated that the price of BTC-WXG and

ETH-WXG corresponds to the actual prices of BTC and ETH, respectively. Is this still the case? If so, why do the prices still do not reflect this in the exchange?

>Waves admins previously stated that the price of BTC-WXG and ETH-WXG corresponds to the actual prices of BTC and ETH Could you provide me a link to this message? I said that in case of withdrawal to Ethereum/BSC/Polygon blockchains, you'll get tokens at 1:1 ratio, for example 1 USDT-WXG = 1 USDT(ERC-20).

I have a message with Alexandra on the exchange and she mentioned that the value of BTC-WXG is the same as BTC

Hello, unfortunately we do not regulate prices on the exchange, most likely Alexandra meant exactly what Lars mentioned recently, that the exchange through the gateway for -WXG tokens still takes place in a ratio of 1:1

Wth.. so we deposited real BTC and ETH and now you guys turn them into WXG which are less than half the value??

I repeat, prices on the exchange are formed by the trading activity of users in accordance with the law of supply and demand. Also, the price is affected by delays in the withdrawal of tokens, which is why some users are ready to sell them at a discount.

We didn't invest into this WXG product before. We were supposed to receive BTC/ETH back out. Not some imitation coin where we now need to trade into to get back real BTC/ETH

No, she said specifically that it is the same BTC and value is the same. Just that they are now renamed.

I do not understand your question, 1 BTC-WXG corresponds to 1 BTC when withdrawing through the gateway, regarding the price, I have already described its formation in this msg

I'm not sure what you mean? How can it correspond to 1 BTC if the value does not reflect this? According to my math, 1 BTC-WXG is worth right now approx $14k. This isn't even remotely close to the price of Bitcoin!